Tuition payment arrangements

Tuition can be paid in several ways. Understanding your options helps you plan. COMMON METHODS • Bank transfer, domestic or international • Credit card • Checks • Payment plans, with installments • Scholarships or sponsor payments TIPS • Ask the school which currency they bill in and what happens if the exchange rate changes. • Find out due dates, late fees, and refund policies. • Ask whether discounts apply for paying in full or early. • Keep a record of every payment and get written receipts. • If a relative or organization pays on your behalf, ask the school to put it in writing. WATCH OUT FOR • International transfers can take several days. Send payments early. • Make sure the reference includes your full name and student ID. • Ask whether the school accepts payment by foreign card, and whether there is a surcharge. GOOD TO KNOW If your tuition is paid by a scholarship, ask for a letter confirming it. You may need it for your visa and your bank.